Nippon Elec. Glass paid a total dividend of
4,796 million JPY last year, for a market value of
436,000 millions (Market Cap
359,499 millions). Dividend per share of Nippon Elec. Glass is
47.96 JPY, and his stock market price
4,360.00 JPY.

According to the chart below, where dividend yield is displayed, Nippon Elec. Glass has a dividend yield of 1.10%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

Nippon Elec. Glass Dividend Payout

About the ability of Nippon Elec. Glass to maintain his current dividend of JPY 47.96 per share, an amount that accounts for 1.10%, we should study its payout ratio both on earnings and on cash-flows (see chart below).
Nippon Elec. Glass payout on ernings is currently 96.04%, which is
higher than the market average, and companies of Industrials industry, which are 39.11% and 35.83% respectively. Both figures show that Nippon Elec. Glass can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Nippon Elec. Glass is JPY 484.44 per share, which is higher than the dividend per share paid by the company of JPY 47.96, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Nippon Elec. Glass, compared againt world market average, Japan companies, Industrials industry and Electronic and Electrical Equipment sector companies. You might also need to check full financial report of Nippon Elec. Glass.

Nippon Elec. Glass Stock performance

Finally, last moth Nippon Elec. Glass showed a return of -5.30% compared to a worldwide 0.15% average, and a -0.56% of Industrials firms.
Over the last year, the company obtained a 43.00% versus a worldwide performance of a 19.92%. More detailed information can be seen in the following graph for Japan and Electronic and Electrical Equipment firms.